Compared to Estimates, Cerberus Telecom Acquisition (KORE) Q2 Earnings: A Look at Key Metrics

For the quarter ended June 2024, KORE Group Holdings, Inc. (KORE) reported revenue of $67.87 million, down 2.4% over the same period last year. EPS came in at -$ 0.99, compared to - $1.20 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of$ 73.37 million, representing a surprise of -7.50%. The company delivered an EPS surprise of -45.59%, with the consensus EPS estimate being -$0.68. While investors closely watch year-over-year changes in headline numbers -- revenue and e ...